Palantir Technologies (NASDAQ:PLTR) Posts Quarterly Earnings Results, Beats Estimates By $0.03 EPS

Palantir Technologies (NASDAQ:PLTR) announced its quarterly earnings data on Monday. The company reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.03, FiscalAI reports. Palantir Technologies had a net margin of 49.01% and a return on equity of 30.57%. The company had revenue of $2.31 billion for the quarter, compared to analysts’ expectations of $2.18 billion.

Palantir Technologies Stock Down 3.1%

Shares of Palantir Technologies stock traded down $5.77 during trading on Monday, hitting $178.34. The stock had a trading volume of 35,963,562 shares, compared to its average volume of 41,289,844. The stock has a 50 day simple moving average of $186.90 and a 200 day simple moving average of $153.90. The company has a market capitalization of $428.56 billion, a PE ratio of 152.43, a P/E/G ratio of 3.29 and a beta of 1.65. Palantir Technologies has a 1 year low of $106.37 and a 1 year high of $212.94.

Analyst Ratings Changes

PLTR has been the subject of a number of research reports. Yorkville Ives initiated coverage on shares of Palantir Technologies in a report on Tuesday, October 6th. They set an “outperform” rating and a $250.00 target price for the company. Robert W. Baird set a $250.00 price target on shares of Palantir Technologies in a research report on Monday, October 12th. Piper Sandler upped their price target on Palantir Technologies from $230.00 to $231.00 and gave the company an “overweight” rating in a report on Friday, October 23rd. Roth Capital assumed coverage on Palantir Technologies in a research report on Tuesday, August 4th. They set a “buy” rating for the company. Finally, The Goldman Sachs Group raised Palantir Technologies from a “neutral” rating to a “buy” rating and set a $230.00 price objective for the company in a research note on Thursday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, eight have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $210.30.

Insider Buying and Selling at Palantir Technologies

In related news, Director Lauren Friedman Stat sold 5,026 shares of the firm’s stock in a transaction that occurred on Thursday, October 8th. The shares were sold at an average price of $199.00, for a total value of $1,000,174.00. Following the completion of the transaction, the director owned 46,402 shares of the company’s stock, valued at approximately $9,233,998. This trade represents a 9.77% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Eric H. Woersching sold 1,000 shares of Palantir Technologies stock in a transaction that occurred on Friday, October 9th. The stock was sold at an average price of $205.00, for a total transaction of $205,000.00. Following the transaction, the director owned 3,465 shares in the company, valued at approximately $710,325. The trade was a 22.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 560,390 shares of company stock valued at $97,909,177 over the last three months. 9.53% of the stock is owned by insiders.

Palantir Technologies News Roundup

Here are the key news stories impacting Palantir Technologies this week:

• Positive Sentiment: Palantir reported third-quarter revenue of $2.313 billion, up 96% year over year and above the $2.18 billion consensus estimate. Adjusted earnings of $0.44 per share also exceeded expectations of $0.41. Palantir tops third-quarter revenue estimates on strong AI software demand
• Positive Sentiment: U.S. commercial revenue surged 148% year over year and surpassed U.S. government revenue for the first time, signaling that Palantir’s commercial AI business is becoming a more important growth engine. Palantir reports booming U.S. commercial revenue growth, topping government for first time
• Positive Sentiment: Management raised its full-year 2026 revenue-growth forecast to 91% and lifted its U.S. commercial revenue-growth outlook to 143%, indicating continued strong demand for its AI-powered software. Palantir Reports Q3 2026 results and raises guidance
• Positive Sentiment: Profitability remains a major strength, with a reported net margin near 49% and return on equity of 30.57%. JPMorgan initiated coverage with an Overweight rating and a $262 price target, while Cantor Fitzgerald raised its target to $207, although it retained a Neutral rating.
• Neutral Sentiment: The key investor question is whether Palantir can replenish its pipeline quickly enough: revenue growth is accelerating, but reports indicate that the pace of new deals is becoming less explosive. Palantir delivers blowout quarter but there is a catch
• Negative Sentiment: At roughly 152 times earnings and with a market capitalization above $400 billion, PLTR needs unusually strong results and guidance to justify its valuation. Earlier analyst warnings, ETF selling, and elevated put demand increased sensitivity ahead of the report.
• Negative Sentiment: Broader weakness in AI and technology stocks, combined with technical concerns after a recent break below support, is adding to selling pressure despite the earnings beat.

Palantir Technologies Company Profile

Palantir Technologies Inc develops software platforms that help government agencies and commercial organizations integrate, analyze and act on data. Its products are designed to support complex operations such as defense and intelligence, supply-chain management, manufacturing, healthcare and other data-intensive activities.

Palantir’s principal platforms include Gotham, which is primarily used by government and defense customers; Foundry, which helps commercial and institutional users build data-driven workflows; Apollo, a platform for deploying and managing software across diverse environments; and the Artificial Intelligence Platform (AIP), which connects generative artificial intelligence capabilities with an organization’s data and operational systems.

Founded in 2003, the company initially focused on software for government and national-security applications before expanding into commercial markets.